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Sunair looks at abandoned Air NZ routes, blames airports for high fares

Sunair looks at abandoned Air NZ routes, blames airports for high fares

By Suze Metherell Nov. 17 (BusinessDesk) - Airport charges are a big part of the reason for high regional airfares, says Dan Power, the chief executive of regional airline Sunair Aviation, which is looking to pick up Air New Zealand's abandoned routes. The Tauranga-based ai...

16 Nov 2014
NZ retail sales rise 1.5% in 3rd-qtr, led by supermarkets, groceries

NZ retail sales rise 1.5% in 3rd-qtr, led by supermarkets, groceries

Nov. 17 (BusinessDesk) - New Zealand retail sales rose faster than expected in the third quarter, led by supermarkets and grocery stores, suggesting consumers haven't been deterred by rising borrowing costs. The kiwi dollar rose after the figures were released. Retail sales vo...

16 Nov 2014
NZ services remain in expansion in October

NZ services remain in expansion in October

By Suze Metherell Nov. 17 (BusinessDesk) - New Zealand's services sector expansion slowed in October from a month earlier, as economic growth moderated from a rapid to a more sustainable pace. The BNZ-Business NZ performance of services index fell 0.2 points to 57.8 in Octo...

16 Nov 2014